Since The BeBop Channel Corporation bought Madavor Media – owners of Imaging Resource and Outdoor Photographer – in February, there has been nothing but chaos and confusion.
that Madavor’s photo properties had been purchased. As evidenced by the lawsuit, the purchase agreement was still numerous days from being finalized, and money had not yet changed hands.
BeBop agreed, although later clarified that the actual purchase agreement Giggster requested could not be sent due to “non-public components,” adding that public disclosures onIt appears that BeBop claims that a press release on“are highly regulated and subject us to criminal liability if they were false.”
Please be advised that the deadline for the June 2, 2023 required payment has passed. Therefore, we are forced to proceed with action against you both civilly and criminally. Your brazen and shocking conduct leaves us to conclude that you have conspired with each other to commit fraud and theft against our company — a scheme to get Imaging Resource back online.
Giggster also said that BeBop can revoke any access that it had previously granted and that its team would be happy to assist BeBop and Madavor in this process.“Defendants enter into a contract to first obtain total access and data only to then allege a technical flaw in the contract which they would claim makes the contract null and void — Gaslight the terms — and withhold any payment.
Giggster did not agree to these terms, and as of the lawsuit filing on June 9, had not made any payment to BeBop.and provided access to a press release concerning the lawsuit and a download link for the lawsuit itself.is aware that it is possible this open communication is an attempt to control the narrative.
The promissory notes in question are outlined in the financial disclosures, and so far total nearly $3.5 million. There are two notes, one is short-term, and the other is long-term.The principal amount of the $475,000 promissory note will be repaid in nineteen equal consecutive monthly payments on the first day of each calendar month commencing on April 1, 2023. Each monthly principal payment shall equal $25,000.
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